It was limited to one copy per deck on the second-ever banlist in late 2002 before being banned in 2004 (although, it was briefly limited again before being promptly banned once more, where it remains)
As Emchompite explains, Japanese booster boxes have predetermined hit rates, so the population of cards is higher and overall "rarity" of cards is lower
While Underworld Breach has the downside of giving your cards Escape 3 (and causing you to blow up your graveyard in the meantime), it also has the incredibly relevant effect of not exiling the card that youre casting
The fact that Red-Eyes Fusion can easily put this on the board with no loss in card advantage is nothing short of amazing
This gives [c]Galvanic Relay[/c] a higher potential upside than [c]Act on Impulse[/c], as you can chain spells like [c]Pyretic Ritual[/c] and [c]Manamorphose[/c] to boost up your storm count, that way youll have plenty of cards to play for your next turn